Sep 24, 2005

Terrible Thursday - SenSEX

Sept'22nd, 2005. Terrible thursday, for the people who have invested in Share market would have felt the pain and shiver on that day as the Sensex lost 300points and the Nifty lost 100points making it a record after the Black Monday.

Corrections or rumor, anything can be named for this, but the blow was heavy for the small time investors who had the joy of taking home a profit.Nobody knows why this fall is on that day, some say its about the CBI raid in Gujarat, some say the raid is been planned in PMO on wednsday night, totally it had a threat to small brokers who where making an artifical hype for the small scripts. Like Re.1 share went upto Rs.40/-.At the end of the day there was a quite a small recovery only to make the next day Friday to continue the terror...Hereafter there will be all small steps to reach the Nifty make of 2580.But the losses that has been made, it will take time to rebuild.As our Finace Minister is on the helping mood, things seems to be positive.

Its all know in this game of Sensex, as there lies a danger when there is Sex.

2 comments:

Anonymous said...

hi karan,
when i visited your blog i actually didn't feel like making any comment, sorry for that.As i am not interested in such topics . actually i am not with shares. so any of this stuff doesn't makes any mark.and please don't compare sensex with sex yaar, just because they share some common letters.

Srinivas said...

Well to compare Sex with sensex was just a rythme sack, nothing to worry about it...